5 Most Valuable South African Companies In The World

3. Standard Bank Group

Total market cap of the company as at 7th Feb 2023 (in billions): 16.82

The second most valuable bank in South Africa Standard Bank Group has operations all over Africa and has an additional presence in Europe, Asia and the Americas. Recently, Standard Bank Group announced a collaboration with GE Healthcare which will result in financing of around $80 million that will be used for the distribution of GE Healthcare equipment during the next five year. The bank is also involved in financing the Just Energy Transition Investment Plan, one of the nation’s biggest focus for the next several years.